Member Info for Dunnieboy

We keep on hearing investors shouting fo £1 soon, I don’t know how soon it will come but ‘if’ it gets above that level the good thing will be is the price movements are going to be in 1/5/10p instead of tiny fractions.

Yeah, there’s a lot of good points being made about different styles, personally I’m quite experienced but through a broker who often tempers my enthusiasm, I’m not so experienced at doing it online and it is tempting to hit the buy/sell a little bit too often, plus you end up glued to the screen.
But enjoyable if you make it part of your life, and not your life as it’s become in lockdown!

As I was pointing out is it brave or foolish?
You obviously been brave and it’s paid off, I’d probably get my timing wrong, well done m8

I agree with all your sentiments, personally I’m not good at sitting on the sidelines esp with AML because we know there is news coming because of the restructuring.
Good luck to all who buy, hold & trade, even the shorters have to close at some point.

Is it brave or foolish to trade in & out of AML at the moment, each to their own but I believe by trading in & out in the hope of bagging a few extra shares is foolish.
The hardest thing in the world is to do ‘sweet fa’, we know for certain they are putting a ‘new board’ together at this very moment, simply because a few directors have recently left and the boardroom is also light on female representation, so certainly in the next few weeks there will be announcements with regard to new directors.
If the market perceives they are good people the price will go again, and hopefully some major institutions will take notifiable stakes in AML.
Do nothing if you hold, except top up, is my honest opinion.

Lol, I was second to that one!

Rumours are adrift that Andy Cowell Mercedes FI Engine boss is about to join Aston Martin F1 racing team after leaving Mercedes today.

The article said guevoura (not sure on spelling) had closed their positions after AML had completed the fund raising, in other words they weren’t gambling on the share price falling any further,

When the hedge funds go short on a stock it is normally borrowed from a major investor and sold into the market trying to push price down, once they’ve created fear and the price drops further they buy the stock back and return it to the holder, this could cause anyone with a notifiable interest to announce they’d reduced their holding and then announce they had it back, the point is it was only ever borrowed.

One thing that should always be remembered about when hedge funds short the market, is they have to buy the shares back to close the position, which creates a technical bounce, they closed their positions when AML raised £560m as they no longer believed AML was in danger.

Reports Guevoura, a Gibraltar based hedge fund placed bets against Aston Martin In April, but has now closed its short position.
It closed them on account of AML completing its fund raising, as AML were now much more stable.

That’s based on American stocks heading for a big bounce!

Looks like we’re shaping up for a strong run up to 80p today!

It’s up on the day if this bounces back so rapidly after such a bad day yday, who knows where it could end up on a good day

I don’t think anyone should advise anyone to invest unless they’re qualified, but if you drip feed it in the way pension funds invest it’s a good strategy, that way if the sp falls further your averaging down and picking up more shares with your money, and it’s great if they then shoot up, I’ve thought about selling and waiting for the price to drop and then buy back in, but the other week they shot up 20% on opening, imagine how sick you’d be if that happened, even more so if you went short on them.

It was inevitable that the market would fall and although it’s not pretty I’d rather it was aggressive than a slow drifting, the reason being is anyone who felt they’d missed the rally of the last few weeks will be thinking it’s a opportunity to take advantage of the lower prices, I topped up a bit today and will do so again if we fall any further tomorrow, as my broker says ‘it’s not about timing, it’s about time’, you’ll always miss buying at the low points, and rarely get out at the highs, but give it time and you’ll normally come out right if your in a decent company, we know the product is good, the management has improved, and given time I’m sure we’ll be fine.

It’s the car racing teams factory that has delayed, not the Aston Martin car factory.

The only thing I know for certain in the stock market is you’ve never got to many shares when the price is going up, and far to many when the price is going down.

No one is buying on fundamentals, we’re buying the turnaround, and yes it’s a gamble because on fundamentals you would buy GlaxoSmithKline.

Just bought Another1350,100 & 5, averaged down but hopefully works on the way up